RCBC Savings Bank will be having another Dream Buys Auction of foreclosed properties on August 20, 2011, Saturday, 9:00am, at the L.S. Virata Hall, 2nd Floor, Development Academy of the Philippines, San Miguel Avenue, Pasig City.

As low as 10% downpayment is required, with the balance payable in 10 years, at fixed interest rates. Php25,000 show money is required per property in the form of cash or manager’s check.

This public auction includes foreclosed properties that are mostly from Metro Manila.

Download the complete listing of foreclosed properties

A softcopy of the complete listing of foreclosed properties for sale included in RCBC Savings Bank’s Dream Buys Auction on August 20, 2011 is ready for download below. Just click on the image to view/download (opens in new window).

Properties with special concerns

Some of the properties on the list that are marked with an asterisk (*) have special concerns. They may be occupied and/or have legal impediments. Don’t forget to do your due diligence before bidding on any of the foreclosed properties on the list.

For more details, please call

638-5032 / 687-0839

Red: 0908-8854803 / Alex: 0918-9511811 / Jerome: 09189903744

Other properties: Vic Orense: 470-9432 / 09089182781

The fine print

All properties are sold on “AS-IS-WHERE-IS” basis. Properties and prices are subject to change without prior notice. The Bank reserves the right to withdraw any property before auction. Inadvertent misprints shall not alter the property’s factual condition nor shall they be deemed as misrepresentation of the property.

Full disclosure: I am now an accredited broker of RCBC Savings Bank. If you plan to attend the auction on August 20, 2011, I would be more than happy to assist you. Just let me know by leaving a comment below. By the way, please keep in mind that broker fees are for the account of the bank.

About Jay Castillo

A lot of people encounter problems and challenges when buying real estate like foreclosed properties. I encountered a lot of challenges myself, which is why I started this blog in 2008 to serve as a guide where I share lessons learned, and how to overcome challenges with real estate investing in the Philippines … [Read more]